Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 40-14-541 - Disclosure Violations — Wyoming Law | CourtGPT
  1. Home/
  2. Laws/
  3. Wyoming/
  4. Title 40 - Trade and Commerce/
  5. Chapter 14 - Wyoming Uniform Consumer Credit Code/
  6. Article 5 - Remedies and Penalties/
  7. Section 40-14-541 - Disclosure Violations
Wyoming Legal Code

Section 40-14-541 - Disclosure Violations

Ask AI about this
40-14-541. Disclosure violations. (a) A person is guilty of a misdemeanor and upon conviction may be sentenced to pay a fine not exceeding five thousand dollars ($5,000.00), or to imprisonment not exceeding one (1) year, or both, if he willfully and knowingly: (i) Gives false or inaccurate information or fails to provide information which he is required to disclose under the provisions of this act on disclosure and advertising (part 3) of the article on credit sales (article 2) or of the article on loans (article 3), or of any related rule of the administrator adopted pursuant to this act; (ii) Uses any rate table or chart, the use of which is authorized by rule of the administrator adopted pursuant to the provisions on calculation of rate to be disclosed (W.S. 40-14-225 and 40-14-323), in a manner which consistently understates the annual percentage rate determined according to those provisions; or (iii) Otherwise fails to comply with any requirement of provisions of this act on disclosure and advertising (part 3) of the article on credit sales (article 2) or of the article on loans (article 3), or of any related rule of the administrator adopted pursuant to this act.